Octave Specialty Group, Inc. (OSG)
NYSE:OSG
Want to see OSG full AI Analyst Report?
OSG Stock Chart & Stats
$3.94
--
Market closed
$3.94
--
Day’s Range― - ―
52-Week Range$3.88 - $10.38
Previous CloseN/A
VolumeN/A
Average Volume (3M)600.26K
Market Cap
$261.98M
Enterprise Value$281.90M
Total Cash (Recent Filing)$322.92M
Total Debt (Recent Filing)$117.06M
Price to Earnings (P/E)6.9
Beta1.02
Next Earnings
Aug 10, 2026EPS Estimate
>-0.01Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-4.85
Shares Outstanding45,013,590
10 Day Avg. Volume614,155
30 Day Avg. Volume600,265
Financial Highlights & Ratios
PEG Ratio<0.01
Price to Book (P/B)0.51
Price to Sales (P/S)1.46
P/FCF Ratio-7.02
Enterprise Value/Market Cap1.08
Enterprise Value/Revenue0.96
Enterprise Value/Gross Profit1.23
Enterprise Value/Ebitda-9.73
Forecast
1Y Price Target
$13.50Price Target Upside242.64% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering2
EPS Forecast (FY)0.28
Revenue Forecast (FY)$76.08M
Bulls Say, Bears Say
Bulls Say
Strong Top-line GrowthSustained revenue expansion — including a 92% Q1 surge in Insurance Distribution driven by organic growth and the ArmadaCare acquisition — supports a durable scaling opportunity. Larger premium volumes and diversified distribution increase platform leverage and provide a stable base for future margin recovery.
De‑risked Balance Sheet And CapacityLow reported leverage and materially expanded third‑party capacity give the company structural flexibility to fund underwriting, M&A and de novo MGAs without immediate equity issuance. A sizable capital cushion and five‑year bank tenors reduce near‑term refinancing risk and support growth initiatives.
Improving Segment Profitability & Scalable ModelA pivot to a scalable MGA/distribution platform is showing durable earnings power: high single‑digit to mid‑30s adjusted margins in distribution indicate structural operating leverage. Continued consolidation on a common tech/AI stack should amplify underwriting edge and margin sustainability over time.
Bears Say
Negative Cash GenerationPersistent negative operating and free cash flow materially weakens self‑funding ability and forces reliance on external financing. Over months this heightens refinancing and liquidity risk, can constrict capital deployment to MGAs, and may pressure the firm if underwriting volatility reappears.
Ongoing GAAP Losses & Underwriting VolatilityAlthough non‑GAAP metrics improved, continued GAAP losses and material underwriting/legal hit at Everspan show exposure to loss‑ratio volatility. Large one‑off settlements and early‑stage MGA losses can recur, making earnings recovery fragile and complicating the path to consistent, long‑term profitability.
Higher Leverage & Collateralization From FinancingThe new term loan and pledged Everspan stakes increase secured leverage and bank claims on operating assets. Pro forma distribution net debt/EBITDA near 3.2x raises sensitivity to underwriting cycles and covenant constraints, which can limit strategic optionality and raise funding costs over the medium term.
Octave Specialty Group News
OSG FAQ
What was Octave Specialty Group, Inc.’s price range in the past 12 months?
Octave Specialty Group, Inc. lowest stock price was $3.88 and its highest was $10.38 in the past 12 months.
What is Octave Specialty Group, Inc.’s market cap?
Octave Specialty Group, Inc.’s market cap is $261.98M.
When is Octave Specialty Group, Inc.’s upcoming earnings report date?
Octave Specialty Group, Inc.’s upcoming earnings report date is Aug 10, 2026 which is in 80 days.
How were Octave Specialty Group, Inc.’s earnings last quarter?
Octave Specialty Group, Inc. released its earnings results on May 06, 2026. The company reported $0.37 earnings per share for the quarter, beating the consensus estimate of $0.034 by $0.336.
Is Octave Specialty Group, Inc. overvalued?
According to Wall Street analysts Octave Specialty Group, Inc.’s price is currently Undervalued.
Does Octave Specialty Group, Inc. pay dividends?
Octave Specialty Group, Inc. pays a Quarterly dividend of $0.06 which represents an annual dividend yield of N/A. See more information on Octave Specialty Group, Inc. dividends here
What is Octave Specialty Group, Inc.’s EPS estimate?
Octave Specialty Group, Inc.’s EPS estimate is >-0.01.
How many shares outstanding does Octave Specialty Group, Inc. have?
Octave Specialty Group, Inc. has 45,013,590 shares outstanding.
What happened to Octave Specialty Group, Inc.’s price movement after its last earnings report?
Octave Specialty Group, Inc. reported an EPS of $0.37 in its last earnings report, beating expectations of $0.034. Following the earnings report the stock price went up 43.365%.
Which hedge fund is a major shareholder of Octave Specialty Group, Inc.?
Currently, no hedge funds are holding shares in OSG
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Octave Specialty Group Stock Smart Score
Neutral
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Moderate Buy
Average Price Target:
$13.50 (242.64% Upside)
$13.50 (242.64% Upside)
Blogger Sentiment
Bullish
OSG Sentiment 100%
Sector Average ―
Sector Average ―
Hedge Fund Trend
Increased
By 37.3K Shares
Last Quarter.
Last Quarter.
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-32.14%
12-Months-Change
Fundamentals
Return on Equity
-25.46%
Trailing 12-Months
Asset Growth
-78.71%
Trailing 12-Months
Company Description
Octave Specialty Group, Inc.
Octave Specialty Group, Inc. operates as a financial services holding company. It operates in two segments, Specialty Property and Casualty Insurance; and Insurance Distribution. The Specialty Property and Casualty Insurance segment provides specialty property and casualty program insurance with a focus on commercial and personal liability risks. The Insurance Distribution segment offers specialty property and casualty insurance distribution services, which include managing general agents, underwriters, insurance broker, and other distribution and underwriting businesses. The company was formerly known as Ambac Financial Group, Inc. and changed its name to Octave Specialty Group, Inc. in November 2025. The company was founded in 1971 and is headquartered in New York, New York.
OSG Company Deck
OSG Earnings Call
Q1 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call presented a strong operational and financial improvement story: very large revenue and adjusted-EBITDA gains in the Insurance Distribution segment, narrower GAAP losses, premium growth and loss-ratio improvement at Everspan on a pro forma basis, cost reductions, expanded capacity, and continued strategic progress on platform and AI initiatives. The quarter did include notable one-off headwinds — primarily a litigation settlement and related legal costs that materially inflated reported loss ratios, early-stage losses from newly launched MGAs, and ongoing non-recurring charges — but management quantified these items and highlighted pro forma metrics showing more normalized performance. On balance, the positive operational momentum and material improvements in non‑GAAP profitability and margins significantly outweigh the quarter’s lowlights.View all OSG earnings summariesOSG Stock 12 Month Forecast
Average Price Target
$13.50
▲(242.64% Upside)
Ownership Overview
5.54% Insiders
14.28% Mutual Funds
31.23% Other Institutional Investors
38.46% Public Companies and
Individual Investors
Options Prices
Currently, No data available
---